The Tamilnad Mercantile Bank Story|Business Strategy|Case Study|Case Studies

The Tamilnad Mercantile Bank Story

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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

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Case Details:


Case Code : BSTR017 Electronic Format: Rs. 200;
Courier (within India):Rs. 25 Extra
Business Strategy | Case Study in Management, Operations, Strategies, Business Strategy, Case Studies


Practices in Banking Sector
Case Length : 6 Pages
Period : 1998 - 2002
Pub. Date : 2002
Teaching Note : Available
Organization : Tamilnadu Mercantile Bank
Industry : Banking and Finance
Countries : India


The case 'The Tamilnad Mercantile Bank Story' provides insights into the tussle for control over Tamilnad Mercantile Bank.

It explores takeover dispute between the bank's promoters (the Nadar community) and the corporate forces of the Essar Group and Sterling Computers.


How politics, inter-community rivalry and regulatory lapses played a role in the TNMB controversy


  Page No.
Stalling A Takeover 1
The Nadar/Ruias Tussle 2
The Nadar-Siva Tussle 3


The Tamilnad Mercantile Bank Story, tussle, Tamilnad Mercantile Bank, takeover, promoters, Nadar, corporate forces, Essar Group, Sterling Computers

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